Aspen debt refinance saves $775,000 (The Aspen Times)
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ASPEN – The city of Aspen is saving taxpayers more than three-quarters of a million dollars using creative financing. The city recently took advantage of an opportunity to lower the cost on two existing bond issues, saving more than $750,000 over their life. The bonds are set to expire in 2021. The process is similar to refinancing a mortgage and will save approximately $73,000 a year. “In the …
Peter Boutell, Lending a Hand, Dec. 6, 2009: Unexpected drop in rates offers refinance opportunity (Santa Cruz Sentinel)
Those of us who monitor mortgage rates and follow the Federal Reserve’s statements and actions did not expect 30-year fixed mortgage rates to drop to 4.
Hanesbrands to offer notes to help refinance, repay debt (Winston-Salem Journal)
Hanesbrands Inc. said yesterday that it plans to sell $500 million in senior notes in a public offering and change an existing senior secured credit facility to allow for $1.15 billion in new credit.
